Global Cloud-RAN Market Growth (Status and Outlook) 2023-2029

Global Cloud-RAN Market Growth (Status and Outlook) 2023-2029

A radio access network (abbreviation: RAN) is a part of a mobile communication system. It is the realization of radio access technology. It exists between a device (for example, a mobile phone, a computer, or any remotely controlled machine) and a Core Network (CN), and provides a communication connection between the two.

LPI (LP Information)' newest research report, the “Cloud-RAN Industry Forecast” looks at past sales and reviews total world Cloud-RAN sales in 2022, providing a comprehensive analysis by region and market sector of projected Cloud-RAN sales for 2023 through 2029. With Cloud-RAN sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Cloud-RAN industry.

This Insight Report provides a comprehensive analysis of the global Cloud-RAN landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Cloud-RAN portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Cloud-RAN market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Cloud-RAN and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Cloud-RAN.

The global Cloud-RAN market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

First of all, Cloud-RAN offers various benefits like reduction in cost of network operations. The three types of cost reductions are energy consumption, site rental expenses and operational & maintenance cost of network. These savings can be balanced against cost incurred on fibre optical cables required to meet fronthaul capacity and latency requirements. Cloud-RAN also enhances capacity due to coordinated multipoint and ensures speedy performance. Aforementioned benefits of Cloud-RAN architecture automatically increase the value of service to end-users. Second,the global Cloud-RAN market can be divided into different regions. Emerging economies of Asia Pacific will generate significant demand in the following year.

This report presents a comprehensive overview, market shares, and growth opportunities of Cloud-RAN market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
BBU (Baseband Units)
RRU (Remote Radio Units)
Optical Transport Network
Servers
Processors
Measurement Device

Segmentation by application
Network Services
Custom Services
System Integration Services

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Intel
ZTE Corporation
Alcatel-Lucent
Huawei Technologies
IBM

Please note: The report will take approximately 2 business days to prepare and deliver.